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Segment Reporting and Geographic Information - (Tables)
6 Months Ended
Jun. 29, 2024
Segment Reporting [Abstract]  
Schedule of Revenue from External Customers by Products and Services

The following table lists the different sources of revenue:

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 29,

 

 

July 1,

 

 

June 29,

 

 

July 1,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Systems and software

 

$

210,428

 

 

 

87

 %

 

$

159,353

 

 

 

83

 %

 

$

405,264

 

 

 

86

 %

 

$

326,177

 

 

 

84

 %

Parts

 

 

16,788

 

 

 

7

 %

 

 

18,142

 

 

 

10

 %

 

 

36,896

 

 

 

8

 %

 

 

38,565

 

 

 

10

 %

Services

 

 

15,111

 

 

 

6

 %

 

 

13,167

 

 

 

7

 %

 

 

29,012

 

 

 

6

 %

 

 

25,085

 

 

 

6

 %

Total revenue

 

$

242,327

 

 

 

100

 %

 

$

190,662

 

 

 

100

 %

 

$

471,172

 

 

 

100

 %

 

$

389,827

 

 

 

100

 %

Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area For geographical revenue reporting, revenue is attributed to the geographic location to which the product is shipped. Revenue by geographic region is as follows:

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 29,

 

 

July 1,

 

 

June 29,

 

 

July 1,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Revenue from third parties:

 

 

 

 

 

 

 

 

 

 

 

 

South Korea

 

$

70,705

 

 

$

37,840

 

 

$

150,943

 

 

$

83,313

 

Taiwan

 

 

59,630

 

 

 

31,013

 

 

 

130,733

 

 

 

57,718

 

China

 

 

33,115

 

 

 

41,957

 

 

 

54,110

 

 

 

78,509

 

Southeast Asia

 

 

24,130

 

 

 

25,680

 

 

 

40,207

 

 

 

42,980

 

United States

 

 

18,916

 

 

 

33,237

 

 

 

39,784

 

 

 

73,951

 

Japan

 

 

19,278

 

 

 

13,732

 

 

 

32,613

 

 

 

28,235

 

Europe

 

 

16,553

 

 

 

7,203

 

 

 

22,782

 

 

 

25,121

 

Total revenue

 

$

242,327

 

 

$

190,662

 

 

$

471,172

 

 

$

389,827

 

Schedule of Revenue by Major Customer by Reporting Segments

The following customers accounted for 10% or more of total revenue for the indicated periods:

 

 

 

Six Months Ended

 

 

 

June 29,

 

 

July 1,

 

 

 

2024

 

 

2023

 

Taiwan Semiconductor Manufacturing Co. Ltd.

 

 

23

%

 

 

13

%

Samsung Semiconductor

 

 

20

%

 

 

21

%

SK Hynix Inc.

 

 

13

%

 

^

 

^ The customer accounted for less than 10% of total revenue during the period.

 

 

 

 

 

 

 

One customer’s net accounts receivable balance, Taiwan Semiconductor Manufacturing Co. Ltd. was individually greater than 10% of net accounts receivable at June 29, 2024, approximately 21% of the Company’s total net accounts receivable.

Two customers’ net accounts receivable balances, Taiwan Semiconductor Manufacturing Co. Ltd. and Samsung Semiconductor, were individually greater than 10% of net accounts receivable at December 30, 2023, in the aggregate approximately 29% of the Company’s total net accounts receivable.

Substantially all of the Company’s long-lived assets are located within the United States of America.